City's Cash

City's Cash is an endowment fund, overseen by the City of London Corporation, built up over 800 years and passed from generation to generation to fund services that the Corporation claims benefit London and the nation as a whole. It is one of three funds run by the City of London Corporation, the other two being the City Fund and the Bridge House Estates.^[1]

The City of London's right to acquire any "wastes and open spaces" gave rise to the City's Cash estate. Its core holding is a 35-acre (14-hectare) estate within the "Square Mile", including the Old Bailey, sections of New Broad Street, Whitefriars and Fenchurch Street, plus the markets of Smithfield and Leadenhall.^[2] Billingsgate market, although now outside the City, also forms part of the Cash estate.^[2]

^ Rogers, Simon; Quinn, Ben (1 November 2011). "City of London spending and income: where does the money come from, and where does it go?". the Guardian. Retrieved 5 November 2017.
^ ^a ^b Duncan, Andrew (2016). Secret London. London: IMM Lifestyle Books. pp. 56–57. ISBN 9781504800112.

[R&Q-1] Rogers, Simon; Quinn, Ben (1 November 2011). "City of London spending and income: where does the money come from, and where does it go?". the Guardian. Retrieved 5 November 2017.

[Duncan-2] Duncan, Andrew (2016). Secret London. London: IMM Lifestyle Books. pp. 56–57. ISBN 9781504800112.

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